Procurement of General Insurance (excluding broker services)

A Tender Notice
by NORTHERN IRELAND WATER LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
___
Sector
BUSINESS
Published
22 Nov 2021
Delivery
01 Apr 2022 to 31 Mar 2027
Deadline
21 Jan 2022 17:00

Concepts

Location

Northern Ireland:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

General Insurance

Lot Division

1 Property and Business Interruption (20% of programme)

** 20% of the Material Damage and Business Interruption Insurance programme.** 80% of this cover is under a Long Term Agreement and for that part this is a precautionary notice should that agreement be breached. Full details can be found in the Broker Submission.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
2 Material Damage / Business Interruption (NI Water Alpha) - 20% of the programme

** 20% of the Material Damage and Business Interruption Insurance programme.** 80% of this cover is under a Long Term Agreement and for that part this is a precautionary notice should that agreement be breached. Full details can be found in the Broker Submission.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
3 Excess Public Liability GBP 35m / GBP 25m

Liabilities to Third Parties

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
4 Excess Employers Liability GBP 25m / GBP 25m

Liability for injury and damage to employees

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
5 Directors & Officers (inc EPL in respect of NI Water Alpha)

Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha employees.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
6 Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
7 Computers NI Water Alpha

Accidental Damage, Business Interruption and Recompliation of Data

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
8 Parametric Freeze Thaw

Weather related insurance for Freeze/Thaw

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
9 Travel and Personal Accident

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
10 Crime - NI Water Alpha only

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
11 Public Liability - LTA until 2023

Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
12 Excess PL - GBP 40m / GBP 60m - LTA until 2023

Liability to Third Parties This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
13 Employers Liability - LTA to 2023

Liabilty for injury or damage to employees. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
14 MD/BI Solar Farm - LTA to 2023

Loss or damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
15 Terrorism - LTA to 2023

Damage and Business Interruption caused by Terrorism. This is a precautionary notice should the current Long Term Agreement be breached. **Please note that responses for the Terrorism tender should only be sent directly to Natasha.fitzsimons@niwater.com**

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
16 Motor Fleet - LTA to 2023

Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
17 Cyber Liability - LTA to 2023

Loss, damage or liability caused by a Cyber event. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
18 Environmental Impairment Liability - NI Water - LTA to 2023

Gradual Pollution cover. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
19 Environmental Impairment Liability - Dalriada Water - LTA to 2023

Gradual Pollution cover. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
20 Parametrics for Drought - High Temperature - LTA to 2024

Weather related Insurance for High Temperature. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claim Management 15%
price 35%
21 Parametrics for Drought - Lack of Rainfall - LTA to 2024

Weather related Insurance for Drought - Lack of Rainfall This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
22 Computers - NI Water Ltd - LTA to 2023

Accidental Damage, Business Interruption and Recompliation of Data Insurance. This is a precautionary notice should the current Long Term Agreement be breached.

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516400 - General liability insurance services
  • 66516000 - Liability insurance services
  • 66515410 - Financial loss insurance services
  • 66515000 - Damage or loss insurance services
  • 66515300 - Weather and financial loss insurance services
  • 66512000 - Accident and health insurance services
  • 66514110 - Motor vehicle insurance services

Indicators

  • Variant bids may be considered.
  • This is a recurring contract.
  • Options are available.
  • Renewals are available.
  • Financial restrictions apply.
  • Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains